Hegotgame
12 years ago
ETC Announces Third Quarter 2012 Results
WAUKESHA, Wis., Oct 12, 2012 (BUSINESS WIRE) -- Electronic Tele-Communications,
Inc. (ETC) (Pink Sheets: ETCIA) today reported its third quarter 2012 results.
Sales for the quarter were $575,299 compared to $485,633 for the 2011 third
quarter. The net earnings for the quarter were $81,783 or $0.03 per Class A
common share, compared to net earnings of $62,157 or $0.02 per Class A common
share for the third quarter of 2011.
Sales for the first nine months of 2012 were $1,379,276 compared to sales of
$1,170,563 in the first nine months of 2011. Earnings for the first nine months
of 2012 were $100,606 or $0.04 per Class A common share, compared to earnings of
$24,654 or $0.01 per Class A common share for the first nine months of 2011.
Commenting on the results, ETC President Dean Danner said,
"Although we experienced weak sales of systems in the
latter part of the second quarter, orders have steadily improved during the
third quarter and are now ahead of last year. We remain cautiously encouraged by
the market activity and when coupled with current orders we anticipate positive
earnings for the year. Our markets are still unpredictable but we are currently
projecting our best year in sales since 2007 and a second consecutive year of
positive earnings."
Electronic Tele-Communications supplies voice announcers and Voice Application
Platforms to domestic and foreign telephone utilities under the
Audichron(R) and Digicept(R) brand names. ETC also
supports a network of Time Weather and Temperature systems installed throughout
the United States. ETC's equipment provides a wide range of audio information
and call handling services via telephone networks, computer networks, and the
Internet.
From time to time, information provided by ETC, statements made by its
employees, and information included in its press releases and other public
statements which are not historical facts are forward-looking in nature and
relate to trends and events that may affect our future financial position and
operating results. Forward-looking statements are not guarantees of future
performance and involve a number of risks and uncertainties including, but not
limited to: business conditions in the telecommunications industry, the adverse
effects of the recent worldwide recession and the timing and strength of a
subsequent recovery, the Company's ability to achieve
adequate sales levels or sufficient cash flow or cash reserves to support
operations, technology changes, backlog, status of the economy, government
regulations, sources of supply, expense structure, product mix, major customers,
competition, litigation, and other risk factors. Investors are encouraged to
consider these risks and uncertainties, which may cause the
Company's actual future results to be materially
different than those expected in its forward-looking statements. ETC does not
undertake to update its forward-looking statements.
Electronic Tele-Communications, Inc.
10 bagger
12 years ago
ETCIA...07/13/2012
Companys now qualified with DD posted on the VMC Motherboard UNDER $0.25 for discussion on 07/12/2012 are listed below..listed below.. Add your favorite.. Read rules for posting on any company on the intro page..
GLMB $0.21,, CDOC $0.095,, JNSH $0.0205,,
LVWD,, $0.25,, RCHN,, $0.19,, ETCIA,,$0.25,,
BBRD,, $0.025,, PAOS $0.20,, GLGI $0.16,, ICPW $0.24,,
BNLB $0.078,, VSTI $0.06,, TEXC $0.165
http://investorshub.advfn.com/VMC-Motherboard-UNDER-$025-25230/
Penny Roger$
13 years ago
ETC Announces Second Quarter 2011 Results
| 2:55 PM | |
WAUKESHA, Wis.--(BUSINESS WIRE)--Electronic Tele-Communications, Inc. (ETC) (Pink Sheets: ETCIA) today reported its second quarter 2011 results. Sales for the quarter were $304,281 compared to $313,191 for the 2010 second quarter. The net loss for the quarter was $12,132 or less than $0.01 per Class A common share, compared to a net loss of $69,428 or $0.03 per Class A common share for the second quarter of 2010. Sales for the first six months of 2011 were $684,930 compared to sales of $783,222
Attachment: ViewMedia (2.0 KB)
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ETCIA Security Details
Share StructureMarket Value1 $250,915 a/o Aug 09, 2011
Shares Outstanding 2,509,147 a/o Jun 30, 2004
Float Not Available
Authorized Shares Unlimited a/o
Par Value 0.01
http://www.etcia.com/
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